Global investment manager AEW has agreed to acquire Grand Slam, a multi-let office complex in the centre of Cologne, Germany. The asset was acquired on behalf of one of AEW’s funds from Swiss Life Asset Managers. Financial details were not disclosed.
Grand Slam, which comprises 8,000 square metres over two buildings, was extensively refurbished in 2022 whilst retaining the building’s listed façade and staircase, and is DGNB Gold pre-certified.
The refurbishment included the installation of building control technology, along with ventilation and cooling for optimised energy efficiency. The echarging infrastructure has been extensively expanded and 70 bicycle parking spaces were created.
Source: propertyeu.info on the 19th of December 2022
https://propertyeu.info/Nieuws/AEW-acquires-Swiss-Life-Asset-Managers-headquarters-in-Cologne/ddc28b6e-1ef0-4dd1-9b2f-0fe7a50f5fe5